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Dyno Nobel ( (AU:DNL) ) has provided an announcement.
Dyno Nobel Limited has announced an update regarding its ongoing on-market buy-back program. As of the latest notification, the company has repurchased a total of 11,540,545 securities, with an additional 332,425 securities bought back on the previous day. This buy-back initiative is part of Dyno Nobel’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:DNL) stock is a Hold with a A$3.45 price target. To see the full list of analyst forecasts on Dyno Nobel stock, see the AU:DNL Stock Forecast page.
More about Dyno Nobel
Dyno Nobel Limited operates in the explosives industry, providing products and services primarily for the mining and construction sectors. The company focuses on delivering innovative blasting solutions and technologies to enhance safety and efficiency in these industries.
Average Trading Volume: 4,815,039
Technical Sentiment Signal: Buy
Current Market Cap: A$6.14B
See more data about DNL stock on TipRanks’ Stock Analysis page.